
20 April 2024 | 0 replies
nice setting, 100% included in new FEMA 100yr flood plain.

18 April 2024 | 15 replies
Here is their summary of the bills: would allow counties to phase out transient accommodation rentals as a type of residential use and asserts that any future "residential" use shall not include transient accommodations.

18 April 2024 | 11 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

21 April 2024 | 25 replies
Reasons include too long to close and terrible experiences with NACA inspectors.

20 April 2024 | 33 replies
(I think almost everyone on the forums here falls into this group, including me)* Property managers who need to manage many units for many landlords.

21 April 2024 | 12 replies
This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

20 April 2024 | 12 replies
Your costs include no soft costs (settlement, permitting/entitlements, finance charges, insurance, taxes and utilities.

20 April 2024 | 0 replies
- include testimonials from real estate investors who have benefited from using a 1031 exchange.
20 April 2024 | 4 replies
While some of us want to preserve it within the family, others, including my late grandfather's wishes expressed through my grandmother, are inclined to sell if we can't make it financially viable.The house itself is a 1 bedroom, 1 bathroom dwelling.

20 April 2024 | 4 replies
The rates for our loans for investors including DSCR loans, Fix-n-Flip Loans, and Ground-Up Spec Construction (as well as the rates for consumer Conventional, FHA, VA, and USDA rates) are driven by Treasury Rates as opposed to the Fed Funds rate, but there is a loose connection.